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Oil, China

Oil down as US crude inventories swell, traders worry about China-US trade

Oil prices fell more than 2% on Wednesday as a large build in U.S. crude and gasoline stockpiles signaled weaker demand, while worries about a new China-U.S. trade war fueled fears of softer economic growth.

MarketWatch on MSN · 14h

Oil prices drop on rising U.S. inventories and fears tariffs will dent Chinese demand

Oil futures fell Wednesday, feeling pressure after industry data showed a large rise in U.S. crude inventories and as investors feared a U.S. -China trade battle will dent demand.

Bloomberg L.P. · 1d

China Tariffs on US Oil Come as Exports Have Sunk From Peak

The first round of Chinese sanctions to hit US oil were received with a whimper, and traders are speculating that the move is unlikely to rattle American exports of crude.

Ukraine hits Russian oil depot in drone strike

YAHOO!News · 9h

Ukraine hits Russian oil depot in drone strike as 300 prisoners of war exchanged

It came as Russia and Ukraine swapped 150 prisoners of war each and UK foreign secretary David Lammy met with Ukrainian president Volodymyr Zelensky in Kyiv. A series of drone attacks by Ukraine on Russia's energy facilities have sparked fires in recent days at a major oil refinery in the Volgograd region,

U.S. News & World Report · 22h

Drone Attack Sparks Blaze at Oil Depot in Russia's Krasnodar, Governor Says

A Ukrainian drone attack overnight sparked a fire at an oil depot in Russia's southern region of Krasnodar, its governor said early on Wednesday, with 55 people fighting the blaze. A series of drone attacks by Ukraine on Russia's energy facilities have sparked fires in recent days at a major oil refinery in the Volgograd region,

The Moscow Times on MSN · 18h

Ukrainian Drone Attack Sets Oil Depot Ablaze in Southern Russia, Authorities Say

A drone attack in Russia’s southern Krasnodar region ignited a fire at an oil depot Wednesday, the regional governor said. The attack targeted the village of Novominskaya, where debris from a downed drone fell on an oil reservoir,

6hon MSN

Oil prices drop on rise in U.S. supplies as tariffs threaten to dent Chinese demand

Oil futures fell Wednesday, feeling pressure after industry data showed a large rise in U.S. crude inventories and as ...

14h

Trump’s "Drill, Baby, Drill" Pledge Will Not Save Oil

There is no doubt there will be an impact of the second Trump presidency on the energy transition, but it is unlikely to have ...

16h

Iran says US sanctions will destabilise oil and energy markets

Iran's oil minister said imposing unilateral sanctions on crude producers would destabilise energy markets, the ministry's ...

Marketplace1d

Tariffs are looming. But a lot of things are shaping oil prices this year.

Thanks to abundant supply and fairly flat demand, oil prices are forecast to fall — unless tariffs and geopolitics get in the ...

Crude Oil Prices12h

Large Unexpected Crude Build Sinks Oil Prices

Crude oil inventories and gasoline stocks saw larger than expected builds last week, leading to a renewed sell off in oil ...

7hon MSN

Tariff Threat Spurs Canada to Rethink Limits on Oil Pipelines

Almost every day since the expansion of Canada’s Trans Mountain pipeline was completed in May, a tanker laden with oil sands ...

22h

Why Big Oil is resisting Trump’s call to ‘drill, baby, drill'

US President Donald Trump wants energy producers to drill for more oil. He claims it will lower prices for consumers and ...

US and international oil producers are pushing back on the Trump administration's plan to pump more crude

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

5hon MSN

Suncor's fourth-quarter profit beats on higher oil output

Canada's Suncor Energy beat analysts' estimates for fourth-quarter profit on Wednesday as the integrated oil and gas firm ...

Oil spill extends nearly 2 miles down river after containment tanks leak at Westmoreland County steel plant

Water rescue crews and first responders were on the scene Monday afternoon following an oil spill at a plant in Lower Burrell ...

Crude Oil Prices7h

Beyond Oil: How Southeast Asia's Energy Consumption is Shifting

Southeast Asia's unique cultural, climatic, and energy resource advantages may offer unexpected resilience in the face of ...

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